Why seed VCs are walking away from hot AI deals
“But even still, you know, if you take your random person of the mill who comes out of OpenAI or Anthropic and wants to raise, you know, $1,520,000,000, I'm not in those either.”
But even still, you know, if you take your random person of the mill who comes out of OpenAI or Anthropic and wants to raise, you know, $1,520,000,000, I'm not in those either. Let's bring it down even to the ones who are doing raising 8 to 10,000,000. I at 40 to 50 post, which is becoming very common. I probably don't wanna be in those either. So I do think there's a question of why would you, as a seed manager, compete for these things? I think most people have gotten very
About this clip
A VC explains why they're avoiding even the most hyped AI startup deals, including those from OpenAI and Anthropic alumni raising $15-20M or smaller $8-10M rounds at $40-50M post-money valuations. The speaker questions whether seed managers should compete for these overpriced opportunities at all.
Why this clip
This contrarian perspective challenges the conventional wisdom of chasing hot AI deals, offering insight into disciplined seed investing strategy.
What they said next
Large VCs have simplified venture to one question about billion-dollar bets
21:09 - 41s · market insight
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